Solution) The setting: Imagine you are a real estate investor presented with a regression analysis of home sal


Question: The setting: Imagine you are a real estate investor presented with a regression analysis of home sales in the neighborhood of one of your investment properties. Unfortunately, the report stops short of making the decision for you. Given the data as presented in those three worksheets,
you need to use the StatTools regression module to determine:

? Which is the better predictor of selling price: appraised value, square footage, or number of bedrooms?

? How much value is added per $1,000 of appraised value?

? How much value is added per 100 square feet?

? How much value is added per bedroom?

? At what price should you offer your investment home, based only on an appraised value of $135,200?

Price: $2.99
See Solution: The downloadable solution consists of 2 pages
Deliverable: Word Document

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